Doing Christmas on a Budget
Money-Saving Hacks for the Holidays
Christmas time is such an overwhelming time of the year. We are running here, there, and everywhere! Family dinners, church dinners, parties, plays, and concerts fill up our schedule. It’s insane! And when I look at the financial side of Christmas, I want to run and hide! There are so many expenses between food, gas money for trips, and gifts. But, over the years, we’ve (my husband and me) come up with some ways to help ease the financial strain during the holidays. Because… as you can imagine, buying for 5 kids is not easy on your wallet! Here are our 6 quick tips for doing Christmas on a budget.
Don’t forget to grab your free Christmas budget tracker at the bottom of this post.
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Tip #1 Holiday Savings Account
A few years ago my husband set up a Christmas Club account through his work. We get a set amount taken out each paycheck and direct deposited into our Christmas savings account. It takes a huge burden off our shoulders!
Tip #2 Shop Sales/Clearance Items
Take advantage of Black Friday. If you miss it, or just don’t feel like going shopping on the craziest day of the year, I don’t really blame you! You can still find some great deals online and in-store. Just be on the lookout! I am the queen of sales! (Or maybe just a sales/clearance addict! 😂) I don’t leave a store without checking out the sales racks or clearance aisle.
Tip #3 Try Ebates
You can get cashback for shopping online. You get money back for buying gift cards, too! (I know I have several gift cards to buy this year!) Use my referral link to get $10 when you shop! >> Ebates
Tip #4 Buy your turkey or ham right after Thanksgiving.
This year we went to our local grocery store the day after Thanksgiving. We found Turkeys for dirt cheap! I got a 20lb turkey for $4.00. We ended up buying 3! One small turkey and 2 larger ones. Then we put them in our freezer for our upcoming Christmas dinners!
Tip#5 Start shopping early!!
Don’t wait until the last minute. I find the best deals when I do my shopping before Thanksgiving day. I’m not really sure why that is, but it seems to me like prices start climbing back up right before Black Friday Sales.
Of course, you can always find some good deals on Black Friday, but I prefer shopping before the crowd! And if you look, you can find some of the same door-buster deals without being trampled or pushed around.
Tip#6 Shop Thrift Stores
If you are really looking for some great deals, check out your local thrift stores and consignment shops. I went to Goodwill this year to look for gifts. Target sends over a ton of brand new items! I found some amazing deals on unopened toys… A $60 box of Magnatiles for $14!! I think I only spent $70 total, and my cart was overflowing!
You can also find brand new clothes and shoes! In our area, whenever Target can’t sell their clearance clothing items they are also donated to Goodwill. I have found a ton of brand new clothes and shoes in the past.
Grab your free Christmas budget tracker here.>>> Christmas Budget Tracker.